As the local newspaperish published thing points out, the city of Indianapolis have been violating its own ordinance for nearly a decade, operating (oh, horrors) gravel parking lots on the gaping, vacant gap where Market Square Arena* once stood. Cos, y'know, laws are for peons like you, me and the guy who owns a parking lot, not Our Rulers. Right?
Oh, they say they'd've liked to do something different; but the first big condo development for the site went to vapor when the developers couldn't pre-sell enough units and the next two, wellll, the city just wasn't sure they'd work out -- so they backed out of the deal.
What's next? Why, an end to hypocrisy! They'll pave those lots! Right here in River City! --On your tab, of course, at a projected cost of up to $800,000.00 American, which means at least a million bucks by the time the three shells have stopped moving. City officials say they'll pay it all back from what the lots earn -- except they're planning to lease out the whole city parking thing.
Wanna bet the city paving the lots where MSA used to sprout was a condition of the deal?
Here's a tip, UniGov: "privatization" and "creating a commercial monopoly" are not the same thing.
* A/K/A the Lugar Family Revenue Enhancement Building -- or so I'm told.
5 weeks ago